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AN ORDINANCE ACCEPTING THE DONATION OF A PORTION OF DAYTON AVENUE DESCRIBED AS FOLLOWS: The East 60 feet of Lot 7 as shown on the Replat of Lot 6 of Floyred Commons, Recorded in Plat Cabinet "C", Page 221 in the public records of Craighead County at Jonesboro, Arkansas.
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WHEREAS, the City Council at its regular meeting on February 16, 2016, heard the request of Richard L. Ramsay, Distribution Agent in the Chapter 11 Bankruptcy case of Craighead County Fair Association; and
WHEREAS, the subject property is on private property owned by the Chapter 11 Debtor and is a private road; however, the public and city police and fire vehicles can and do use the subject property in the course of their day to day operations; and
WHEREAS, the subject property is part of a road that is an important connection between major arterial roads in the City of Jonesboro and, therefore, is important for corporate purposes; and
WHEREAS, the current landowner has the option to consider closing the road; and
WHEREAS, despite the City of Jonesboro's stated policy against accepting road donations unless the existing road is up to city code, the Council finds that special circumstances exist that call for an exception to the policy as to this specific tract of land; and
WHEREAS, it has been specifically agreed by the current landowner that the City will be under no obligation to bring the existing road being donated up to city code and, further, that any subsequent improvements will be at the City's discretion; and
WHEREAS, the donated portion of Dayton Avenue is required for corporate purposes and the acceptance of the same will be beneficial to the City of Jonesboro, and would be in the best interest of all parties concerned.
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas, that:
SECTION 1. The City of Jonesboro, Arkansas hereby accepts the donation of a portion of Dayton Avenue, more particularly described as the East 60 feet of Lot ...
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